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CREATCO

Active
Private limited companyfounded 2002active for 24 yearsSteenbakkerstraat 13, 8580 Avelgem, BelgiumKBO/BCE: BE 0477.036.397
Summary

CREATCO has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €194,186 and a net result of €9,880. Equity remains stable across the filed financial years (±0.1% per year). Its solvency ranks better than 84% of 232 sector peers (NACE 82, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
CREATCOActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
Other business support services
NACE 82990
3rd oldest company in Avelgem, Administrative and support services sector1 site
Size
€228,556total assets 2026
Equity
€194,186
Profit
€9,880
Turnover not published (micro format)
Financial health
95 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2026 accounts 39 days early1 of 4 deeds summarised
Why 95lowers riskLiquidity: current ratio 4.97, cash €57,912Sector: Computer programming, consultancy and related activities (NACE 62)Equity €194,186 (85.0% of total assets)Size: total assets €228,556Show the evidence

Checked score

Score 2026
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 58% of its sector peers (NACE 62, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2025
Strong
Solvency 100=
equity 85.0% of total assets
Liquidity 82+1
short-term debt 9.0% · cash 25.3%
Profitability 74+4
return on assets 4.3%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,886 companies, NACE 62, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025highest value 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €18,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.97, compared with 4.0 in 2025, above the usual 1.5; short-term debt: 9% and cash: 25.3% of total assets), and 15% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro): better than 85% on solvency, 65% on liquidity, 33% on profitability and 51% on growth.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 4.97, cash €57,912
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Equity €194,186 (85.0% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €228,556
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 22-09-2026, 39 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
39 days early
2025
53 days early
2024
7 days early
2023
42 days early
2022
3 days late
2021
65 days late
2020
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 11 days before the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 22 September (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · micro…
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2026, micro format

In the rankings #3 oldest company in Avelgem, Administrative and support services sector#6 company by equity in Avelgem, Administrative and support services sector#8 company by total assets in Avelgem, Administrative and support services sector

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
€69,350▼ 11.1%
2021 · €78,025
EBIT margin
4.2%▼ 3.2pp
2021 · 7.4%
Net result
€9,880▲ 304%
2025 · €2,443
Working capital
€82,119▲ 18.1%
2025 · €69,563
Trend over the years

2022 to 2026, 5 financial years 2019 to 2026, 8 financial years

After the dip in 2023 the operating result has climbed three years in a row; 2026 is nearly 3.5 times 2025 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€69,350 2022 Operating result€14,979 2026 Net result€9,880 2026

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20192020202120222023202420252026
Turnover€91,239-€94,818▲ 3.9%€78,025▼ 17.7%€69,350▼ 11.1%
Operating result€16,305-€25,358▲ 55.5%€5,745▼ 77.3%€2,885▼ 49.8%-€1,297€2,934€4,327▲ 47.5%€14,979▲ 246%
Net result€7,529-€14,029▲ 86.3%-€5,942below the sector's middle half-€944below the sector's middle half▲ 84.1%-€5,466below the sector's middle half▼ 479%€323within the sector's middle half€2,443within the sector's middle half▲ 657%€9,880▲ 304%
EBIT margin17.9%-26.7%▲ 8.9pp7.4%▼ 19.4pp4.2%▼ 3.2pp
Equity€184,306-€198,335▲ 7.6%€190,950above the sector's middle half▼ 3.7%€198,007above the sector's middle half▲ 3.7%€192,541above the sector's middle half▼ 2.8%€192,863above the sector's middle half▲ 0.2%€184,306above the sector's middle half▼ 4.4%€194,186▲ 5.4%
Total assets€321,013-€307,426▼ 4.2%€288,923within the sector's middle half▼ 6.0%€271,655within the sector's middle half▼ 6.0%€249,746within the sector's middle half▼ 8.1%€239,581within the sector's middle half▼ 4.1%€230,786within the sector's middle half▼ 3.7%€228,556▼ 1.0%
Debt€136,707-€109,091▼ 20.2%€97,973▼ 10.2%€73,648▼ 24.8%€57,206▼ 22.3%€46,717▼ 18.3%€46,480▼ 0.5%€34,370▼ 26.1%
Working capital€76,894-€90,333▲ 17.5%€68,343within the sector's middle half▼ 24.3%€73,085within the sector's middle half▲ 6.9%€71,305within the sector's middle half▼ 2.4%€75,086within the sector's middle half▲ 5.3%€69,563within the sector's middle half▼ 7.4%€82,119▲ 18.1%
Solvency57.4%-64.5%▲ 7.1pp66.1%within the sector's middle half▲ 1.6pp72.9%within the sector's middle half▲ 6.8pp77.1%above the sector's middle half▲ 4.2pp80.5%above the sector's middle half▲ 3.4pp79.9%above the sector's middle half▼ 0.6pp85.0%▲ 5.1pp
Current ratio3.02-4.21▲ 1.193.09within the sector's middle half▼ 1.124.71above the sector's middle half▲ 1.626.29above the sector's middle half▲ 1.586.68above the sector's middle half▲ 0.394.00within the sector's middle half▼ 2.684.97▲ 0.98
Return on assets (ROA)2.3%-4.6%▲ 2.2pp-2.1%below the sector's middle half▼ 6.6pp-0.3%below the sector's middle half▲ 1.7pp-2.2%below the sector's middle half▼ 1.8pp0.1%below the sector's middle half▲ 2.3pp1.1%within the sector's middle half▲ 0.9pp4.3%▲ 3.3pp
above within below the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €228,556
Fixed assets €125,773 ▼ 8.9%
Current assets €102,783 ▲ 10.8%
Equity and liabilities €228,556
Equity €194,186 ▲ 5.4%
Debt €34,370 ▼ 26.1%
Debt's share of the balance-sheet total falls from 20.1% to 15.0%. Equity is higher and debt is lower.
Key figures and ratios
2026 value · change against 2025
EBITDA
€27,234▲
2025 · €17,581
Cash flow
€22,135▲
2025 · €15,697
Debt to equity
0.18▼
2025 · 0.25
ROE
5.1%▲
2025 · 1.3%
Interest coverage
13.27▲
2025 · 9.67
Debt ≤ 1 year
€20,664▼
2025 · €23,196
Debt > 1 year
€13,064▼
2025 · €23,284
Income taxes
€3,798▲
2025 · €304
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,042 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94.3% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 17,042 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 48 lines
Balance sheet Code20252026
Assets
Total assets20/58€230,786€228,556▼
Fixed assets21/28€138,027€125,773▼
Tangible fixed assets22/27€138,027€125,773▼
Land and buildings22€138,027€125,773▼
Current assets29/58€92,759€102,783▲
Amounts receivable within one year40/41€34,025€43,532▲
Trade receivables40€30,036€43,532▲
Other amounts receivable41€3,989-
Cash at bank and in hand54/58€57,475€57,912▲
Deferred charges and accrued income490/1€1,259€1,339▲
Equity and liabilities
Total equity and liabilities10/49€230,786€228,556▼
Equity10/15€184,306€194,186▲
Contributions10/11€12,400€12,400=
Reserves13€171,393€181,268▲
Tax-exempt reserves132€66,633€66,633=
Distributable reserves133€104,760€114,635▲
Profit (loss) carried forward14€513€518▲
Amounts payable17/49€46,480€34,370▼
Amounts payable after more than one year17€23,284€13,064▼
Financial debts170/4€23,284€13,064▼
Amounts payable within one year42/48€23,196€20,664▼
Current portion of amounts payable after more than one year42€10,220€10,220=
Trade debts44€782€118▼
Suppliers440/4€782€118▼
Taxes, remuneration and social security45€1,052€3,339▲
Taxes450/3€1,052€1,739▲
Remuneration and social security454/9-€1,600
Other amounts payable47/48€11,142€6,987▼
Accrued charges and deferred income492/3-€642
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,254€12,254▼
Other operating charges640/8€2,334€2,545▲
Gross operating margin9900€19,916€29,779▲
Operating profit (loss)9901€4,327€14,979▲
Financial income75/76B€237€751▲
Recurring financial income75€237€751▲
Financial charges65/66B€1,818€2,053▲
Recurring financial charges65€1,818€2,053▲
Profit (loss) for the period before taxes9903€2,746€13,678▲
Income taxes67/77€304€3,798▲
Profit (loss) for the period9904€2,443€9,880▲
Profit (loss) for the period to be appropriated9905€2,443€9,880▲
Appropriation of the result
Profit (loss) to be appropriated9906€2,953€10,393▲
Profit (loss) brought forward from the previous period14P€510€513▲
Transfer from equity791/2€11,000-
Transfer to equity691/2€2,440€9,875▲
To other reserves6921€2,440€9,875▲
Profit to be distributed694/7€11,000-
Return on contributions (dividend)694€11,000-

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023202420252026Change
Turnover70€91,239€94,818€78,025€69,350-----
Goods, raw materials, services and sundry goods60/61---€66,466-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,987€18,021€19,146€21,292€15,356€13,679€13,254€12,254▼ 7.5%
Other operating charges640/8---€3,550€2,054€2,244€2,334€2,545▲ 9.0%
Gross operating margin9900€37,084€45,221€28,716€27,727€16,113€18,857€19,916€29,779▲ 49.5%
Operating profit (loss)9901€16,305€25,358€5,745€2,885-€1,297€2,934€4,327€14,979▲ 246%
Financial income75/76B---€1€15€52€237€751▲ 217%
Recurring financial income75€82€55€28€1€15€52€237€751▲ 217%
Financial charges65/66B---€3,589€4,094€2,430€1,818€2,053▲ 12.9%
Recurring financial charges65€4,997€4,505€3,713€3,589€4,094€2,430€1,818€2,053▲ 12.9%
Profit (loss) for the period before taxes9903€11,390€19,977€2,060-€703-€5,376€556€2,746€13,678▲ 398%
Income taxes67/77€3,861€5,948€8,002€241€90€233€304€3,798▲ 13×
Profit (loss) for the period9904€7,529€14,029-€5,942-€944-€5,466€323€2,443€9,880▲ 304%
Profit (loss) for the period to be appropriated9905€7,529€14,029-€8,942-€944-€5,466€323€2,443€9,880▲ 304%
Line20192020202120222023202420252026Change
Assets
Total assets20/58€321,013€307,426€288,923€271,655€249,746€239,581€230,786€228,556▼ 1.0%
Fixed assets21/28€206,064€188,919€187,859€178,866€164,960€151,281€138,027€125,773▼ 8.9%
Intangible fixed assets21---€0-----
Tangible fixed assets22/27€206,064€188,919€187,859€178,866€164,960€151,281€138,027€125,773▼ 8.9%
Land and buildings22---€178,681€164,710€151,281€138,027€125,773▼ 8.9%
Furniture and vehicles24---€185€250----
Leasing and similar rights25---€0-----
Current assets29/58€114,949€118,507€101,064€92,789€84,786€88,300€92,759€102,783▲ 10.8%
Amounts receivable within one year40/41€45,317€43,409€34,267€17,933€19,188€27,494€34,025€43,532▲ 27.9%
Trade receivables40---€10,464€7,519€23,606€30,036€43,532▲ 44.9%
Other amounts receivable41---€7,469€11,669€3,888€3,989--
Cash at bank and in hand54/58€69,632€74,217€66,005€74,384€65,135€60,307€57,475€57,912▲ 0.8%
Deferred charges and accrued income490/1---€472€464€498€1,259€1,339▲ 6.3%
Equity and liabilities
Total equity and liabilities10/49€321,013€307,426€288,923€271,655€249,746€239,581€230,786€228,556▼ 1.0%
Equity10/15€184,306€198,335€190,950€198,007€192,541€192,863€184,306€194,186▲ 5.4%
Contributions10/11€12,400€12,400-€12,400€12,400€12,400€12,400€12,400=
Reserves13€171,492€181,492€184,492€184,493€179,493€179,953€171,393€181,268▲ 5.8%
Non-distributable reserves130/1---€1,860€1,860----
Reserves not available under the articles1311---€1,860€1,860----
Tax-exempt reserves132---€69,633€69,633€66,633€66,633€66,633=
Distributable reserves133---€113,000€108,000€113,320€104,760€114,635▲ 9.4%
Profit (loss) carried forward14€414€4,443-€5,942€1,114€648€510€513€518▲ 1.0%
Amounts payable17/49€136,707€109,091€97,973€73,648€57,206€46,717€46,480€34,370▼ 26.1%
Amounts payable after more than one year17€97,435€80,917€65,252€53,944€43,724€33,504€23,284€13,064▼ 43.9%
Financial debts170/4---€53,944€43,724€33,504€23,284€13,064▼ 43.9%
Amounts payable within one year42/48€38,055€28,174€32,721€19,704€13,482€13,213€23,196€20,664▼ 10.9%
Current portion of amounts payable after more than one year42---€10,220€10,220€10,220€10,220€10,220=
Financial debts43---€0-----
Credit institutions430/8---€0-----
Trade debts44€5,378€2,400€2,898€3,339€1,403€241€782€118▼ 84.9%
Suppliers440/4---€3,339€1,403€241€782€118▼ 84.9%
Taxes, remuneration and social security45---€1,450€635€1,795€1,052€3,339▲ 218%
Taxes450/3----€635€1,295€1,052€1,739▲ 65.4%
Remuneration and social security454/9---€1,450-€500-€1,600-
Other amounts payable47/48---€4,695€1,224€957€11,142€6,987▼ 37.3%
Accrued charges and deferred income492/3-------€642-
Line20192020202120222023202420252026Change
Profit (loss) for the period9904€7,529€14,029-€5,942-€944-€5,466€323€2,443€9,880▲ 304%
+ Depreciation and write-downs630€17,987€18,021€19,146€21,292€15,356€13,679€13,254€12,254▼ 7.5%
Operating cash flow (approximation)€25,516€32,050€13,204€20,348€9,890€14,002€15,697€22,135▲ 41.0%
Investment in fixed assets (approximation)--€876-€18,086-€12,299-€1,450€0€0€0-
Change in cash-€4,585-€8,212€8,379-€9,249-€4,827-€2,833€438-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 24 filings with the National Bank
Financial year Type Filed Reference
31-03-2026 micro format 22-09-2026 2026-00521846
31-03-2025 micro format 08-09-2025 2025-00486174
31-03-2024 micro format 24-10-2024 2024-00516875
31-03-2023 micro format 19-09-2023 2023-00449970
31-03-2022 micro format 03-11-2022 2022-20485057
31-03-2021 micro format 04-01-2022 2022-00200491
31-03-2020 micro format 30-10-2020 2020-66700025
31-03-2019 micro format 30-09-2019 2019-68100131
31-03-2018 micro format 28-09-2018 2018-67500433
31-03-2017 micro format 31-10-2017 2017-68700182

Show all 24 filings

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Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2023
DENDONCKER Maggie Francine
Director (not named in the articles) · since 24-11-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
3 of this company's 4 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

2 people since 2023, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
DENDONCKER Maggie Francine
  • Director, until 24-11-2023
  • Director (not named in the articles), from 24-11-2023 to date
ROELANT Koenraad Roger
  • Statutory director, until 24-11-2023
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
Stated in the act act of 24-11-2023 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 24-11-2023 Capital stated in the deed · 149 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 6 March 2002, CREATCO was incorporated.1 Turnover went from €91,239 in 2019 to €69,350 in 2022.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2022

Acts, filings and financial milestones

Next filing, financial year 2027, expected by 31-10-2027
2026
22-09
NBB filing Annual accounts filed
financial year 2026 · micro format
2025
08-09
NBB filing Annual accounts filed
financial year 2025 · micro format
2024
24-10
NBB filing Annual accounts filed
financial year 2024 · micro format
31-03
Financial Back to profitnet €323
Net result €323 after 3 loss-making years.
2023
24-11
Gazette deed Resignations: ROELANT Koenraad Roger (statutory director) and DENDONCKER Maggie Francine (director)
Appointment: DENDONCKER Maggie Francine (director) · Registered office clause · Power of attorney22 facts ▸
  • Registered office clause, “Vlaams Gewest, 8580 Avelgem, Steenbakkerstraat 13” (deed in Dutch)
  • Other provision, “coördinatie van statuten opmaken en ondertekenen in overeenstemming met vorig besluit en neerlegging in vennootschapsdossier verzorgen, opdracht coördinatie sta…” (deed in Dutch)
  • Power of attorney
  • Other provision, “registratie neerlegging, art 173,1°bis W.REG” (deed in Dutch)
  • General meeting, 09-11-2023
  • Other provision, “aanpassing statuten aan WVV, aanpassen” (deed in Dutch)
  • Legal-form conversion, “besloten vennootschap” (deed in Dutch)
  • Capital conversion, “van rechtswege omgezet, artikel 39,§2,laatste lid,wet van 2019-03-23” (deed in Dutch)
  • Reserve release, “opheffing en beschikbaar maken voor uitkering, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Other provision, “ontslag volstorting niet-opgevraagde inbrengen, enige aandeelhouder” (deed in Dutch)
  • Other provision, “naleving uitkeringstesten, ingeval van uitkeringen aan de aandeelhouder(s)” (deed in Dutch)
  • Share cancellation, “eigen aandelen”, 37 (deed in Dutch)
  • +10 further facts in this act
19-09
NBB filing Annual accounts filed
financial year 2023 · micro format
2022
03-11
NBB filing Annual accounts filed
financial year 2022 · micro format · 3 days late
04-01
NBB filing Annual accounts filed
financial year 2021 · micro format · 65 days late
2021
31-03
Financial Weakest financial yearnet -€5,942
Net result drops to -€5,942, the lowest in the series; recovery starts the following year.
2020
30-10
NBB filing Annual accounts filed
financial year 2020 · micro format
31-03
Financial Highest result from 2019 to 2026net €14,029 ▲86.3%
Operating result €25,358, net result €14,029, both a record.
2019
30-09
NBB filing Annual accounts filed
financial year 2019 · micro format
2018
28-09
NBB filing Annual accounts filed
financial year 2018 · micro format
2017
31-10
NBB filing Annual accounts filed
financial year 2017 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 24 annual accounts filed, the latest 10 are here; all 24 are under Financials.
1 of 4 deeds read
About the unread acts

Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded06-03-2002
Financial year end31-03
Activities, NACEBEL 2025
82990Other business support services
23450Manufacture of other non-metallic mineral products
86932Human health activities
86999Other human health activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0477036397
Registered 19-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 26 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Avelgem · 1 establishment unit since 2002
registered office establishment The establishment unit on the map
Ground area
3,697 m²
Building footprint
532 m²
Building volume
2,580 m³
2 parcels, Flanders · tallest building 8.0 m. Linked by address, not a title deed.
1 establishment unit
CREATCO BVBA
Keiberg(H) 97, 8551 ZwevegemOther business support services
since 2002unit no. 2.095.864.944
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
34014A0771/00L000 Flanders 1,993 m² 1 · 389 m² 7.9 m · 2
34003A2773/00D000 Flanders 1,704 m² 1 · 143 m² 8.0 m · 2
How the parcels are linked
Good to know
Both parcels match the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
CREATCO
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
One provision in the deed

deed of 24-11-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, bestuursorgaan” (deed in Dutch)
“Op algemene kosten los van representatie-,reis- en verplaatsingskosten, algemene vergadering beslist of mandaat al dan niet ten kosteloze…” (deed in Dutch)

deed of 24-11-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Saturday of September at 11:00

deed of 24-11-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“In vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 24-11-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Dagelijks bestuur, op elk ogenblik ontslaan” (deed in Dutch)
Other provision: “Oproeping algemene vergadering, iedere persoon kan verzaken aan oproeping” (deed in Dutch)
Other provision: “Aandeelhouders kunnen binnen wettelijke grenzen eenparig en schriftelijk alle besluiten nemen die tot bevoegdheid algemene vergadering…” (deed in Dutch)
Other provision: “Toegang algemene vergadering, Artikel 18” (deed in Dutch)
Other provision: “Elke aandeelhouder kan aan ieder ander persoon, al dan niet aandeelhouder, door alle middelen van overdracht, schriftelijke volmacht geven…” (deed in Dutch)
Other provision: “Bestemming winst-reserves, Artikel 23” (deed in Dutch)
Other provision: “Bestuursorgaan, uitkeringen aan aandeelhouder” (deed in Dutch)
Liquidation distribution: “Goederen nog in natura voorhanden op zelfde wijze verdeeld, netto actief verdeeld onder alle aandeelhouders naar verhouding aantal aandelen…” (deed in Dutch)
Other provision: “Samenloop-nettingovereenkomst, alle vorderingen tussen aandeelhouders, bestuurder(s) en/of vereffenaar(s) enerzijds en vennootschap…” (deed in Dutch)
3 more provisions in the deed, see the deed of 24-11-2023

deed of 24-11-2023

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